The ordinary least square estimators have the smallest variance among all the unbiased estimators.?
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: The ordinary least square estimators have the smallest variance among all the unbiased estimators.?
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Depreciation is subtracted from GNP to determine
A) net national product (NNP). B) net GDP. C) net imbalance on exports. D) net income.
In the diagram above, which figure(s) show(s) a direct relationship between the variables?
A) both A and C B) only D C) only A D) both B and C E) only B
Suppose the production of VCRs can be represented by the following production function: q = L0.4 K0.4. The firm currently produces units. If all inputs doubled, the new level of output will equal
A) 20.4 q1. B) 20.8 q1. C) 0.8 q1. D) 1.6 q1.
Which of the following practices would indicate that an employer is trying to overcome a moral-hazard problem with his employees?
a. The employer pays his workers wages that are unusually high for the industry and region. b. The employer pays his employees year-end bonuses depending to how well the business does and his observations of the employees' efforts. c. The employer has voluntarily removed video cameras from the factory floor. d. Both A and B are correct.